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Carvana posts surprise profit as retail vehicle sales rise 33%
News
Carvana posts surprise profit as retail vehicle sales rise 33%
August 1, 2024
Arthur Bleemer
Carvana’s stock rallies 14% as used-car retailer sees “untapped potential.”
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Rio Tinto’s first-half profit rises 14%, thanks in part to higher copper prices
Freight demand is weak, but cost cuts help C.H. Robinson boost profits. Shares are rallying.